homeWelcome, sign in or click here to subscribe.login
     


 

 

Real Estate


Tom Kelly
Tom Kelly
The Real Estate Adviser
Subscriber content preview

December 27, 2007

The Real Estate Adviser: Blame heaped on lenders, but others were complicit

  • Everyone in the process helped create the mortgage mess: brokers, bankers, securitizers on Wall Street and real estate agents.
    • By TOM KELLY
    Special to the Journal

    Inflation floats all boats. If this was not the reality of the housing industry the past decade, it was certainly the perception.

    How can you ask consumers to use caution in their home-buying decisions when one respected gauge — the S&P/Case Shiller U.S. National Home Price Index — showed that single-family home prices rose 84 percent from 2001 through 2006?


     
    . . .


    To read this story in full login or purchase a subscription.



    Previous columns:


    
    Email or user name:
    Password:
     
    Forgot password? Click here.